29 July 2020

Key points

  • UK – The UK Defence Industry Association, ADS, says its members see Australia as a ‘friendly’ market and have noted recent defence commitments. While COVID-19 has accentuated some of the logistics challenges of engaging with Australia, Austrade UK’s Defence Director will work with ADS on joint venture and partnership opportunities.
  • Russia – The government plans to double the number of people employed in the IT sector in three to four years, and increase the sector’s share in Russia’s GDP to 2%. There will be no sales tax on software products that are included in the Russian software registry, however, the direct impact of this will be a price rise for foreign software.

Market opportunities

  • France – GICAN, the French civil and Defence maritime industry association, confirmed that the 2020 Euronaval trade show will go ahead as an in-person event from October 20–23 at Le Bourget near Paris. Team Defence Australia will proceed with the organisation of a delegation of Australian defence companies, allowing for the current travel restrictions.
  • Russia – Russia plans to double international student scholarships by 2023 from 15,000. More than 300,000 foreign students' study at Russian higher education institutions, accounting for over 7% of the total number of students. According to the ‘Russkiy Mir’ Fund, interest in Russian education remains strong.
  • UK – A record 40.5% of all 18-year-olds in the UK have applied to university with numbers rising by 17% during lockdown.

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